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Premium Edition
June 1, 2020
IN THIS EDITION
  • SVSU OLLI on ZOOM is just days away. I have spoken in places large and small, for as few as 5, as many as 1500+, on a variety of topics. If there is a singular session, THIS.
  • Insulin out-of-pocket costs will be limited to $35 in 2021, the CMS announced.
  • Financial markets are now at euphoric levels (just an observation, nothing more).
SVSU OLLI: June 10, 930A EDT
Zoom
This is NOT going to be the standard "Medicare Info Session." At all.  We will leave Medicare specifics until the autumn. 

The fact is that cliches and our society have created commonly-held beliefs, that aren't true. Those distortions stay intact, because they are "easy to remember." But they are distortions nevertheless, the unfortunate result is that your decision-making can be affected.

The fact is that can attach your common sense, in order to understand things that may have seemed mysterious and scary to many. We will attempt to bring down those barriers.


Register: https://www.svsu.edu/olli/
Medicare
Part D Relief for those on Insulin? Yes, but...
A limit to the out-of-pocket cost for insulin. Click here to read.
Note: a first look at this doesn't mean that a person avoids the coverage gap. Further, it seems that the "relief" is paid, in part by those that are not prescribed insulin. This comes from a discount, in part, from the Medicare system. A discount granted isn't the same thing as "pharmaceuticals are dropping the sticker price" of insulin. Therefore, that money has to come from somewhere. As always with pharmaceutical distribution, very complicated.

 
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Financial Literacy
What My Ex-Professor (and Fmr Fed Governor) Thinks
Professor Randall Kroszner isn't simply a professor, he has been a former a Governor on the Federal Reserve Board (the Fed).  Here's what he thinks about the economy, "after" COVID-19.

https://review.chicagobooth.edu/economics/2020/video/we-won-t-go-back-business-usual
40,000,000 Jobs Lost and...
We'll see about how quickly they get re-hired. If you don't like bad news, simply pass. But, this article suggests that 40% of those jobs lost are lost forever.

https://www.forbes.com/sites/pedrodacosta/2020/05/27/millions-of-us-jobs-are-not-coming-back/#cd774a45b0c1
Euphoria
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